Fly-E Group, Inc. (NASDAQ:FLYE) Short Interest Down 61.7% in April

Posted by Stephan Jacobs on Apr 26th, 2026

Fly-E Group, Inc. (NASDAQ:FLYE – Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 12,346 shares, a drop of 61.7% from the March 31st total of 32,266 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 23,942 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Fly-E Group

An institutional investor recently bought a new position in Fly-E Group stock. XTX Topco Ltd acquired a new stake in shares of Fly-E Group, Inc. (NASDAQ:FLYE – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,204 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned about 0.19% of Fly-E Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Fly-E Group Stock Down 6.5%

Fly-E Group stock traded down $0.14 during mid-day trading on Friday, reaching $2.00. 9,303 shares of the stock traded hands, compared to its average volume of 16,017. Fly-E Group has a 12-month low of $1.68 and a 12-month high of $161.80. The business’s 50-day moving average is $2.11 and its 200-day moving average is $5.70.

Fly-E Group (NASDAQ:FLYE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported ($1.18) EPS for the quarter. The company had revenue of $2.65 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fly-E Group in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Read Our Latest Stock Analysis on Fly-E Group

Fly-E Group Company Profile

(Get Free Report)

FlyE Group, Inc, incorporated as a Cayman Islands exempted company, is a special purpose acquisition company (SPAC) formed to identify, acquire, and combine with one or more businesses. As a blank‐check entity, its primary operations involve raising capital through an initial public offering and seeking a merger, capital stock exchange, asset acquisition, or similar business combination with a target company.

In September 2021, FlyE Group completed its IPO and began trading on the Nasdaq Stock Market under the ticker symbol FLYE.